HSBC Islamic Global Equity Index Fund

Stock Requests & Discussions 📈
#1

HSBC Islamic Global Equity Index Fund IC

Information can be found at: https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=0P0001A2Y9

This fund tracks the DOW Islamic Market Titans 100

Free trade is an excellent platform but to make it really stand out it would be great if you could offer investments that comply with shariah principles so that Muslims can invest in an easy way. No one should be excluded from investing on account of a wide range of funds including shariah and ethical funds not being available! Thank you.

#2

This fund is not traded on an exchange. It cannot be added.

I am not aware of any similar ETFs that are traded on an exchange and have KIIP document published.

1 Like
#3

https://www.ishares.com/uk/individual/en/products/251394/ishares-msci-world-islamic-ucits-etf
This one for example.
It’s a bit ironic to me that ‘Islamic Titans’ index is essentially just US tech companies.

#4

It’s like rain on your wedding day.

#5

It’s the methodology for choosing stock and that they fit certain criteria not the country they come from that’s relevant. If you have any questions as to what makes an investment suitable for Muslims let me know and I can answer any questions you have.

1 Like
#6

Sorry I’m not quite sure what you mean by this Adam, do you have an issue with me requesting the inclusion of some islamic funds?

#7

Not all sorry, it sounds very sensible, there’s been a few similar ETFs requested.

He was misusing ironic https://youtu.be/Jne9t8sHpUc

1 Like
#8

Lol, I get it :joy:

#9

Interesting. I wasn’t aware of that. English is not my first language. So ‘ironical’ would be the correct word in this context?

#10

Oooh, nice. Yes, this one can potentially be added, but I guess it needs a separate / new request?

#11

:weary: I’m just offending all today. Ironic would be rain on your wedding day if you were marrying a weatherman, or in this case if Islamic Titans was made up of small non-islamic companies who also hate ETFs.

Ed Byrne: https://youtu.be/XfpB0kDLEts

Apologies, going slightly mad in lockdown. I’ll show myself out.

#12

I set up a request a few weeks ago for this one. If you can visit here and upvote it maybe we can get this ball rolling! iShares MSCI World Islamic UCITS ETF